RBC says August likely slower for H-D

After speaking to Harley-Davidson dealers late last week, RBC Capital Markets analyst Edward Aaron said in a research note published today that August was likely a slower month for H-D retail sales following double-digit gains from May to July.

Aaron also reports that the supply/demand relationship “still seems favorable. Dealers continue to see the demand environment as stable and indicate that [model year 2012] products have been well received. Meanwhile, inventories remain low and pricing appears firm.”

RBC’s outlook for H-D continues to be for single-digit retail growth in 2012.

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